MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, March 22, 1999 Odd Lots, March 22, 1999 Paul Rissman, manager of the Alliance Utility Income fund, says the definition of a utility will change over the next ten years, resulting in a much broader definition of utility and the inclusion of cable television and cellular telephone, in today's Boston Globe Arthur Levitt, chairman of the SEC, will call for new initiatives to bolster the power of mutual fund directors at the ICI conference in Palm Springs, according to The Wall Street Journal. Last year, 382 mutual funds were merged out of existence, up 39% from 1997, according to Morningstar, and industry analysts expect that pace to accelerate this year, says USA Today. Printed from: MFWire.com/story.asp?s=24689 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |